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Australia stocks higher at close of trade; S&P/ASX 200 up 0.18%

Published 10/20/2017, 02:00 AM
Updated 10/20/2017, 02:05 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 0.18%

Investing.com – Australia stocks were higher after the close on Friday, as gains in the Utilities, Consumer Discretionary and Consumer Staples sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.18% to hit a new 3-months high.

The best performers of the session on the S&P/ASX 200 were Vocus Group Ltd (AX:VOC), which rose 6.84% or 0.180 points to trade at 2.810 at the close. Meanwhile, Australian Pharma Industries Ltd (AX:API) added 3.64% or 0.060 points to end at 1.710 and Tassal Group Ltd (AX:TGR) was up 3.54% or 0.140 points to 4.090 in late trade.

The worst performers of the session were Spark New Zealand Ltd (AX:SPK), which fell 3.23% or 0.110 points to trade at 3.300 at the close. Orocobre Ltd (AX:ORE) declined 3.20% or 0.160 points to end at 4.840 and Ioof Holdings Ltd (AX:IFL) was down 3.05% or 0.360 points to 11.440.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 582 to 579 and 360 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.13% to 11.288.

Gold Futures for December delivery was down 0.31% or 3.95 to $1286.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.41% or 0.21 to hit $51.50 a barrel, while the December Brent oil contract rose 0.31% or 0.18 to trade at $57.41 a barrel.

AUD/USD was down 0.41% to 0.7847, while AUD/JPY rose 0.14% to 88.78.

The US Dollar Index Futures was up 0.38% at 93.35.

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